Resource Estimates

The Onedin and Sandiego copper-zinc-gold-silver deposits are at an advanced stage of exploration with mineral resources defined. In addition, drilling targets have been identified at various other advanced prospects, with numerous other promising zones of surface mineralisation and geophysical anomalism worthy of further exploration and assessment. Indicated and Inferred Mineral Resources have been estimated by CSA Global for the Sandiego and Onedin deposits in conformance with the JORC Code (2012) as set out below.

Koongie Park Zone Cut-off grade Classification Tonnes (Mt) Copper (%) Zinc (%) Gold (g/t) Silver (g/t)
Onedin + Sandiego Supergene Cu>0.8% Indicated
Inferred
0.9
0.0
2.5
1.0
1.7
0.1
0.3
0.1
39
3
Transitional and Primary Cu>0.8% Indicated
Inferred
1.9
0.4
2.3
1.8
1.3
2.0
0.4
0.3
21
5
Zn Dominant  Primary Zn>3% Indicated
Inferred
3.2
0.4
0.4
0.1
6.6
6.2
0.2
0.1
30
9
All Zones Various Indicated
Inferred
6.0
0.8
1.3
1.0
4.2
3.8
0.3
0.2
28
7
TOTAL Various Total 6.8 1.3 4.1 0.3 26

Koongie Park JORC (2012) resources, compiled by CSA Global